Question
QUESTION 3 (12) The following totals appear in the accounting records of Thicktail Enterprises for April 2021: Cash Receipts Journal Cash Sales R103 509 Debtors
QUESTION 3 (12)
The following totals appear in the accounting records of Thicktail Enterprises for April 2021:
Cash Receipts Journal |
|
Cash Sales | R103 509 |
Debtors control | R81 057 |
Bank | R218 553 |
|
|
Cash Payment Journal |
|
Creditors control | R98 357 |
Purchases | R68 741 |
Bank | R185 951 |
|
|
Balances as at 1 April 2021 |
|
Bank | R75 350 |
Debtors control | R89 256 |
Creditors control | R82 152 |
Total credit sales as per Debtors Journal | 155 786 |
Total credit purchases as per Creditors Journal | R116 846 |
Required:
Post the transactions for April 2021 to the following ledger accounts and then balance these accounts:
3.1. Bank (4)
3.2. Debtors control (4)
3.3. Creditors control (4)
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